Think globally. Act locally. While there are many advantages to operating globally, there are also many challenges. Pricing structures can be difficult to comprehend, economies tend to be fragile in certain regions, and there are social and cultural barriers. In order to succeed, US investors must gain an understanding of a region's social, cultural and geopolitical climate. You also must have knowledge in regional pricing and tax structures. In essence, you must be able to think and act locally, while operating globally.
As democracy impacts the world, there are more free market economies than ever before. Investing in these markets can be very profitable for US corporations looking to expand overseas. Companies that invested in China's emerging market ten years ago are still reaping the rewards. Today markets in India, Latin America and Eastern Europe have also joined a long list of thriving regions open to US investors. However, whether you are planning to invest in an emerging market or a developed market, doing business internationally can be risky.
How PricewaterhouseCoopers can help you
With member firm offices staffed by local experts in 769 cities in 144 countries, PricewaterhouseCoopers offers a complete range of services tailored to your specific industry. We help companies navigate the intricacies of statutory reporting and tax compliance, advise on the training and development of local staff, help forge cultural and political alliances in local communities, and create operational strategies to protect new market entrants from financial risk. It’s all part of our commitment to helping you address your company’s business challenges around the world. We can prepare you to address:
- The impact of China on world supply and demand
- Commodity price and currency risks
- Geopolitical risks
- Emerging markets opportunities
- Expanding internationally
- Global structuring (including tax, intangibles, currency, cash)
- Global work force and expatriate planning
- Offshoring and global supply chain
- Taxes and transfer pricing
